ucid Motors, the electric car company that's been in stealth development for the past few months, is finally starting to emerge from its shell. On August 31st, 2021, Lucid Motors broke the news of the Lucid Air Production Preview Week at their AMP-1 factory, starting the week of September 27th. With this news, it is almost certain that we won't see customer deliveries in September. But October could be the month that investors and groupies see their favorite car company start delivering cars. And here's why.
Lucid Dream Reservation Holders Need To Pick "Range" or "Performance"
On August 25th, 2021, Lucid Motors released news about how there will be two variants of the Dream Edition. In the Lucid Group press release, it said:
As a technology company, we seek to exceed expectations, and this is clearly evident with our Lucid Air Dream Edition Performance and Range variants.
Lucid will be contacting Dream Edition reservation holders shortly to update their configuration with their preferred version.
But so far, no news or information has been released about Lucid Motors getting in contact with reservation holders about which variant they want. But when you look at the specs, it seems that there is actually no hardware difference between the P and R variants. It appears that the difference in power and range is controlled by how Lucid Group tunes the BMS (Battery Management System). But still, Lucid Motors has not contacted all reservation holders to confirm their choice, but this could happen in the weeks of September, before the production preview week.
Production Preview Week
The news of Lucid Motors Production Preview Week is the icing on the cake. It shows that there most likely won't be any deliveries in September. It would be illogical for Lucid Motors to deliver vehicles to customers and then hold a "production preview" where there will be test drives, and journalists reviewing the car. So it is safe to say that mid-October is when customers could possibly start to get their vehicles.
So The Daily Lucid Take Is This
We think that Lucid Motors will use the month of September to build a low volume of customer cars in the most assumed variant and trim. And at the same time, confirm orders and get any last-minute details from customers. Then before and during the production preview week, that's when Lucid Motors will really ramp up the production to get customers their cars in the early weeks of October.
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